Russia

For sale the most luxurious 3-star hotel on the embankment of the city of Gelendzhik, in the elite microdistrict Magnolia (Primorsky Boulevard). Favorite vacation spot of Russian actors and artists. Private hotel - 3 stars (48 rooms), restaurant (separate building, 248 sq. M.), 2 adjacent land plots - 4000 sq. M. in the property, 2 saunas, a conference room with 40 seats, swimming pools, nearby there is parking and a playground, 30 meters from the sea. A 300 sq.m. base was built behind the restaurant, it is intended for the construction of another hotel, it will withstand a 9 - storey building. Both buildings in the property. Purpose of buildings and land for use - "under the operation of the medical and health complex." The facade is overhauled and redecorated annually, with partial replacement of fuiture. The rooms have balconies with a magnificent panoramic view of the Gelendzhik Bay and the mountains. The territory of the hotel is guarded and video surveillance. Its 55 kilowatt electric generator (in case of a city power supply outage), network gas, central sewerage, central water supply. The hotel has an established customer base. Works year-round. Documents are all on hand and ready to deal, there are no encumbrances and debts. Permanent 100% occupancy. Payback period is 8 years. Sold together in a firm (limited liability company). Cost: 500,000,000 rubles or $ 7,600,000